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Dec 11, 2012
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it really gives us platforms in asia, and south america, which we really don't have now. really makes us a global powerhouse. >> you know, is the underwear business and the jeans business a bigger business than the suit business for example? >> yes. the underwear business worldwide is over a billion dollars in sales and jeans business is close to $2 billion. so those are the two largest categories followed by fragrance which is about a billion and a half dollars. >> when you did the tommy deal you knocked the cover off the ball. you put some numbers out. you delevered the company quickly. now you're back doing the warnerco deal. is this going to be as transformational? >> i think in some ways it's going to be more transformational. it really opens up two key markets for us to operate directly. today we are operating on joint ventures and licensing arrangements. so in asia, china specifically, ind india, and in latin america with brazil, you know, really opening up the developing economies, where warnaco, in those two areas approaching 20%. >> phillips-van heusen, to be ab
it really gives us platforms in asia, and south america, which we really don't have now. really makes us a global powerhouse. >> you know, is the underwear business and the jeans business a bigger business than the suit business for example? >> yes. the underwear business worldwide is over a billion dollars in sales and jeans business is close to $2 billion. so those are the two largest categories followed by fragrance which is about a billion and a half dollars. >> when you...
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Dec 13, 2012
12/12
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central america. it's thursday, december 13th, 2012. and what is so special about 12-13-12? it's ben bernanke's birthday. happy birthday, ben. "squawk box" begins right now. >>> good morning and welcome back to south carolina here on cnbc. i'm andrew ross sorkin along with joe kernen. becky is off today. dino kosof, he's going to have a lot to talk about when it comes to what mr. bernanke just said. later in the program, we'll talk to pimco's kneneal ashkari. >>> a surprise from ben bernanke, linking unemployment to monetary policy. rates will be staying where they are right now, which is close to zero, of course. until at the very least the jobless rate falls to 6.5%. we can only cross our fingers wherefore when that might be. ben bernanke says these changes will make the central bank more transparent adding they can only help the markets. the central bank ramped up its asset purchase program adding $40 billion to its $40 billion a month purchases of mortgage-backed bonds. he spoke about the objectives during wednesday's news conference. >> the asset purchases and the rate
central america. it's thursday, december 13th, 2012. and what is so special about 12-13-12? it's ben bernanke's birthday. happy birthday, ben. "squawk box" begins right now. >>> good morning and welcome back to south carolina here on cnbc. i'm andrew ross sorkin along with joe kernen. becky is off today. dino kosof, he's going to have a lot to talk about when it comes to what mr. bernanke just said. later in the program, we'll talk to pimco's kneneal ashkari. >>> a...
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Dec 12, 2012
12/12
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we have central and south america and all of asia including china. there's so many opportunities to grow hello kitty as well, too. if we want to double our company's size, we need more. >> that's your goal. what's the time frame for accomplishing that? >> we're looking for something like five years. in these five years we have increased our market cap for five times larger. and what we want to do is to continue that. 20% to 30% growth. >> and acquisitions as you say will be a key part here. what targets are you looking at and what's funding like for purchases you want to make? >> we have a cash position of close to 400 million u.s. dollars. and we have a deficit stimulus side. basically we don't have debt. we can finance, as well. but we have cash flows. so there's no worry about the cash. >> okay. >> yeah. i was going to -- in terms of extending the brands, how do you embrace the digital arena here in things like ebooks and -- >> yes. we just started amazon.com program with mr. man and little miss. it's really since jettic. especially the small kids
we have central and south america and all of asia including china. there's so many opportunities to grow hello kitty as well, too. if we want to double our company's size, we need more. >> that's your goal. what's the time frame for accomplishing that? >> we're looking for something like five years. in these five years we have increased our market cap for five times larger. and what we want to do is to continue that. 20% to 30% growth. >> and acquisitions as you say will be a...
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Dec 13, 2012
12/12
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that and what we see out of the harvest in south america will determine the price for grain in 2013. >> tom: a look at the commodities and the federal reserve. lincoln ellis with us, werethe strategic financial group. and the federal reserve's big move. andhatoong fiscal cliff, we'll have an update on that tomorrow. >> susie: investors were on fed-watch, tom, and it was very interesting watching the blue chip dow average as ben bernanke was giving his press conference. the dow got as high at 80 points, and the more he talked about the fiscal cliff and other issues facing the economy, it went down, down, down, closing down three points. >> tom: any of the enthusiasm that came out when the federal reserve announced it was going to continue to buy bonds slowly deflated throughout the afternoon, the longer the chairman tended to speak. there was less enthusiasm abo what the federal rerve is doing. maybe less concern about why the federal reserve is doing it. let's go ahead and take a look at our "market focus." the major stock indices couldn't hold on to their midday gains as the federal
that and what we see out of the harvest in south america will determine the price for grain in 2013. >> tom: a look at the commodities and the federal reserve. lincoln ellis with us, werethe strategic financial group. and the federal reserve's big move. andhatoong fiscal cliff, we'll have an update on that tomorrow. >> susie: investors were on fed-watch, tom, and it was very interesting watching the blue chip dow average as ben bernanke was giving his press conference. the dow got...
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Dec 11, 2012
12/12
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you look at the alliances they're forming, gold in south america, and now with virgin atlantic. they're trying to position delta to have greater access globally for their business customers. that's the key here. >> yes. oil refining, they are thinking different, biphil for sure. phil lebeau in new york. willy walsh making a bet with richard branson that the virgin airlines brand will not be around in five years. branson offered to bet 1 million pounds, walsh reportedly said, i don't have a million pounds. a knee in the groin maybe. that's as painful to him as it might be to me. why can't our executives be that creative. >> that's so colorful. >> a ceo challenging another one like that in this country? >> it would be rare. >> it's rare. usually they control the company. that is typically -- they have large shareholders, they're never going to say something like that. >> they don't often mention body parts. >> only a guy could really appreciate that story. >>> cramer's live in washington. six stocks in 60 seconds. >>> if lawmakers do not agree on a budget by january 1st, 2013, the
you look at the alliances they're forming, gold in south america, and now with virgin atlantic. they're trying to position delta to have greater access globally for their business customers. that's the key here. >> yes. oil refining, they are thinking different, biphil for sure. phil lebeau in new york. willy walsh making a bet with richard branson that the virgin airlines brand will not be around in five years. branson offered to bet 1 million pounds, walsh reportedly said, i don't have...
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Dec 23, 2012
12/12
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WUSA
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great can conservative goes south on obamacare breaking the hearts of conservatives all over america. >> what did he do. >> ? he voted for obamacare, to uphold it as constitutional and he said it was a tax. not a fee. >> well, it needs more clarification. >> south carolina senator jim demint, who is resigning his senate seat and becoming the president of the heritage foundation, which in effect is an admission that the tea party forces where he was their mentor and benefactor, that they are a spent force in the senate at least. >> what kind of a salary does that job have? >> a million plus with a little financial incentive. >> a million bucks a year. >> that has nothing to do with him going over there, though? >> i think it has something to do with it. >> i would say the abandonment by this administration of a 30-year ally. namely, mubarak in egypt in such a way that it lost and undermine the confidence of the entire arab world in the loyalty and credibility of america as an ally. >> i put morsy in there. >> i did. >> it goes to president obama from the marijuana growers in california
great can conservative goes south on obamacare breaking the hearts of conservatives all over america. >> what did he do. >> ? he voted for obamacare, to uphold it as constitutional and he said it was a tax. not a fee. >> well, it needs more clarification. >> south carolina senator jim demint, who is resigning his senate seat and becoming the president of the heritage foundation, which in effect is an admission that the tea party forces where he was their mentor and...
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Dec 31, 2012
12/12
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and the citizens of america, and i thank them all for their friendship. finally, i'd like to thank all of my colleagues here in the house. we may not always agree on things, but we are here for a reason, to try and make this nation better. as i prepare to move to the united states senate, it is that belief that makes me incredibly optimistic about our future. the battles of today will in the future be seen as a positive turning point for our nation where we got our fiscal house back in order and revitalized the american dream for our children and our grandchildren. i look forward to continuing to serve the res. dents -- residents of south carolina, some of the most passionate people in our nation, and i will never forget my time here in the people's house where we worked every single day to build a brighter future for our nation. thank you. the speaker pro tempore: pursuant to clause 12-a of rule 1, the chair declares the house in recess until 10:00 a.m. you and also on our web site, c- span.org. we spoke to reporters earlier this morning to get a sense o
and the citizens of america, and i thank them all for their friendship. finally, i'd like to thank all of my colleagues here in the house. we may not always agree on things, but we are here for a reason, to try and make this nation better. as i prepare to move to the united states senate, it is that belief that makes me incredibly optimistic about our future. the battles of today will in the future be seen as a positive turning point for our nation where we got our fiscal house back in order...
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Dec 10, 2012
12/12
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CNNW
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. >> romo says this will move markets all over south america too. >> when you heard the announcement, a lot of people said it sounded like his good-bye. >> certainly did. >> 16 minutes past the hour. >>> extended look for our top stories, head to cnn.com/earlystart and twitter and facebook. search for early start cnn. >>> coming up this sunday on the next list, a successful arts studio, but he made his mark on the corporate world as cofounder of square. >> it allows small businesses to accept credit cards. his company worth billions. but he's still an artist at heart. >> art is what can't be proven mathematically, right? where science ends, the part that makes you feel good, but you don't know why. the way the object feels in your hand and looks, and if it's perfectly created, you can almost explain it to somebody else afterward. but in the creation part, you can't. you can see how glass is hon stantly moving. my job is to shape it. balance it at the same time. you can do that, you get these wonderful shapes. glass really rewards risk. a lot of times with glass, are you waiting for th
. >> romo says this will move markets all over south america too. >> when you heard the announcement, a lot of people said it sounded like his good-bye. >> certainly did. >> 16 minutes past the hour. >>> extended look for our top stories, head to cnn.com/earlystart and twitter and facebook. search for early start cnn. >>> coming up this sunday on the next list, a successful arts studio, but he made his mark on the corporate world as cofounder of square....